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Topic: Please Buy a Hardware Wallet - page 11. (Read 2833 times)

sr. member
Activity: 574
Merit: 250
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October 14, 2017, 05:56:29 PM
#10
Yes actually this is a pretty good idea suggesting that buying hardware wallet makes the security more reliable because you are the one that holds your money. I believe using hardware wallet is not only for bitcoin. It is also for alternative coins.
sr. member
Activity: 322
Merit: 250
October 14, 2017, 05:51:04 PM
#9
This is true and this is a very good advice to all those that are just starting to use bitcoins and dont know how to protect their coins, i do use a ledger nano too, and it works perfect, and i love to have those extra layers of security because i know that i will never be hacked.
I dont understand why there are some people who store their coins on poloniex or bittrex, or any other exchange, they are running in a huge risk of being stolen.
newbie
Activity: 1
Merit: 0
October 14, 2017, 05:00:10 PM
#8
Thank you this is helpful. I don't own a hardware wallet but I am planning to buy a Trezor as it has been around longer then other alternatives and has positive reviews.
full member
Activity: 462
Merit: 115
October 14, 2017, 04:58:24 PM
#7
I totally agree. You often hear about people that lost (a lot) of money because they get hacked. Using a hardware wallet is definitely recommendable, but I do have to say that your post is a bit cheeky as well by sharing your referral links. Makes you come across less sincere. (Just on a side note) Wink

Hi,

Those are not referral links.  I don't even referral links to share on Amazon.

EDIT:  I see what you mean about the ref.  Amazon must have put them on there.  All I did was find the ledger on amazon and copy the link and click on the KeepKey and Trezor links that were suggested.  They aren't my referral links i promise, I dont have Amazon referral perks or anything of the like.  I'm going to see if i can edit them out.

EDIT2:  The ref thing was taken out and the links still work.  Thanks!


legendary
Activity: 1512
Merit: 1010
ITSMYNE 🚀 Talk NFTs, Trade NFTs 🚀
October 14, 2017, 04:56:04 PM
#6
I have seen even some old dogs getting hacked because of their careless nature. It's not that hard to buy and store your cryptocurrencies on a hardware wallet and even if it is, it is for your own safety.
sr. member
Activity: 476
Merit: 252
October 14, 2017, 04:53:07 PM
#5
I totally agree. You often hear about people that lost (a lot) of money because they get hacked. Using a hardware wallet is definitely recommendable, but I do have to say that your post is a bit cheeky as well by sharing your referral links. Makes you come across less sincere. (Just on a side note) Wink
member
Activity: 176
Merit: 12
October 14, 2017, 04:50:40 PM
#4
Hardware wallets are definitely recommended. We all need to take especially good care of our holdings. Too many scams and malware around, and more will come as Crypto becomes more mainstream. Be careful!
full member
Activity: 336
Merit: 100
October 14, 2017, 04:47:14 PM
#3
Precisely We don't want to hear somebody to get robbed, Me too i used to spend most of my time to dig in block chain world, It is my hard earnings and i want it to be secure. So recently i decided to purchased hardware wallet for security reasons, Hope it could help you guys, Be optimistic on worst possibilities.
sr. member
Activity: 378
Merit: 260
Bitcoin SV is Bitcoin
October 14, 2017, 04:46:19 PM
#2
That's a good advise. I use a Ledger nano s and works very well  Cool
full member
Activity: 462
Merit: 115
October 14, 2017, 04:32:47 PM
#1
Everyday I come on here and read a sad story about someone getting hacked and losing their Bitcoin / Ethereum.  I hate reading them but its like a car accident on the side of the road, you can't help but look.  Once you read the story it's clear that it could have been avoid had the user used a hardware wallet.  I dont have alot of Bitcoin or Ethereum but I recently purchased my own hardware wallet to keep them secure, I strongly suggest others in my situation (less than 1BTC total invested) to go out and buy a hardware wallet.  Right now.

Why do small fries need a hardware wallet?
We are the most vulnerable because we are less experienced.  Most of us haven't experienced losing coins yet, either directly or through a friend.  We probably download shit we shouldn't, left our private keys in some email we sent (I haven't done this but I could see myself doing something this stupid when I first started) and probably leave our desktop wallets open a bit too long.  The small fries are vulnerable so we need to protect our investments.

What is a hardware wallet
Its a devise that essentially stores your private key on it so you can't be keylogged and requires you input a password onto it, not your computer, before unlocking the wallet AND withdrawing any coins.  Its safe, its secure and only the person with possession of the hardware wallet can withdraw funds (at least I've been told no one has legitimately hacked a hardware wallet without possession of it).  It's easy to use. When you use a Ledger Nano S and activate it, the devise presents you with a private passphrase that does not show up on your computer.  You write down the pass phrases, by hand (do not type it out, take a photograph, or anyhing of the like), and if you lose or break your hardware wallet you can buy another and gain access to it with the private passphrases.  If you are really concerned about the passphrase being lost, buy a fireproof, waterproof safe and ziplock your private passphrase (waterproof safes are known to trap condensation which gets things wet - wet paper with pen = lost writing) so its airtight and lock it up.  Its really secure so long as you keep the pass phrase safe.  

Hardware wallets
Ledger Nano S - https://www.amazon.com/Ledger-Nano-Cryptocurrency-Hardware-Wallet/dp/B01J66NF46/
KeepKey - https://www.amazon.com/KeepKey-Simple-Cryptocurrency-Hardware-Wallet/dp/B0143M2A5S/
Trezor - https://www.amazon.com/Satoshi-Labs-bitcoin-wallet-white/dp/B00P5HU80A/

I have all my valuable crypto, that's currently supported, on my Ledger.  My Bitcoin, Ethereum and you can bet your ass once Deep Onion is supported it will be safely secured on there too.  The Ledger is easy to use and the instructions are crystal clear.  At less than $80, there is no reason not to protect your investment.  Even if you only have $250 in BTC/ETH, you will buy more so you might as well buy one of these now.  

I don't want to read another story about someone getting robbed of their Bitcoin and I want our community to flourish.  Secure your coins!
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